Happy Memorial Day

One of the problems with using charts is that you can end up seeing patterns all over the place, even when they are spurious. The patterns I have suggested on the following two charts could well be false. But the macro economic situation, the risks of sovereign default, and the consequential risks of Lehman v.2.0 where the banking system freezes up again, all suggest that the bearish case has to be considered.

Going loco

Here are some more charts from ibankcoin that Shaza sent in so go to the link below.Funny that I just mentioned Milton from the Devil's Advocate and he leadswith a picture from that movie.